Comstock Resources, Inc. (CRK) Reaches $6.78 After 9.00% Down Move; Enerplus (TSE:ERF) Covered By 9 Bullish Analysts Last Week

February 15, 2018 - By Michael Collier

The stock of Comstock Resources, Inc. (NYSE:CRK) is a huge mover today! The stock decreased 2.31% or $0.16 during the last trading session, reaching $6.78. About 323,562 shares traded. Comstock Resources, Inc. (NYSE:CRK) has risen 162.16% since February 15, 2017 and is uptrending. It has outperformed by 145.46% the S&P500.The move comes after 6 months negative chart setup for the $104.60 million company. It was reported on Feb, 15 by Barchart.com. We have $6.17 PT which if reached, will make NYSE:CRK worth $9.41 million less.

Among 9 analysts covering Enerplus Corp (TSE:ERF), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enerplus Corp had 52 analyst reports since September 16, 2015 according to SRatingsIntel. Desjardins Securities maintained the stock with “” rating in Tuesday, June 28 report. The stock of Enerplus Corporation (TSE:ERF) has “Outperform” rating given on Friday, February 10 by BMO Capital Markets. On Wednesday, February 1 the stock rating was maintained by Scotia Capital with “Outperform”. The rating was initiated by IBC on Wednesday, June 15 with “Outperform”. The company was maintained on Friday, November 10 by BMO Capital Markets. The stock has “Outperform” rating by Scotia Capital on Friday, March 10. The stock of Enerplus Corporation (TSE:ERF) has “Buy” rating given on Monday, February 27 by TD Securities. The company was maintained on Tuesday, January 26 by RBC Capital Markets. The firm earned “Sector Perform” rating on Tuesday, January 12 by National Bank Canada. Macquarie Research upgraded Enerplus Corporation (TSE:ERF) rating on Monday, June 6. Macquarie Research has “Outperform” rating and $9.75 target. See Enerplus Corporation (TSE:ERF) latest ratings:




15/12/2017 Broker: TD Securities Rating: Buy Old Target: $15.00 New Target: $17.00 Target Up
10/11/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $16.00 Maintain
10/11/2017 Broker: National Bank Canada Rating: Outperform Old Target: $14.00 New Target: $15.00 Target Up
10/11/2017 Broker: Raymond James Rating: Outperform Old Target: $15.00 New Target: $15.50 Target Up
10/11/2017 Broker: TD Securities Rating: Buy Old Target: $15.00 New Target: $15.50 Target Up

Enerplus Corporation, together with subsidiaries, engages in the exploration and development of natural gas and crude oil in the United States and Canada. The company has market cap of $3.19 billion. The companyÂ’s oil and natural gas properties are located primarily in North Dakota, Montana, and Pennsylvania; and Alberta, British Columbia, and Saskatchewan. It has a 3.08 P/E ratio. As of December 31, 2016, it had proved plus probable gross reserves of approximately 14.3 million barrels of light and medium crude oil; 39.0 MMbbls of heavy crude oil; 123.0 MMbbls of tight oil; 18.1 MMbbls of natural gas liquids; 126.3 billion cubic feet (Bcf) of conventional natural gas; and 1,002.8 Bcf of shale gas.

The stock decreased 0.46% or $0.06 during the last trading session, reaching $13.11. About 1.14 million shares traded or 2.86% up from the average. Enerplus Corporation (TSE:ERF) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Comstock Resources, Inc., an independent energy company, acquires, develops, explores, and produces oil and natural gas properties in the United States. The company has market cap of $104.60 million. The Company’s gas and oil activities are primarily located in East Texas/North Louisiana and South Texas. It currently has negative earnings. The firm owns interests in 1,371 producing oil and natural gas wells.

Analysts await Comstock Resources, Inc. (NYSE:CRK) to report earnings on February, 23. They expect $-1.12 EPS, up 56.59% or $1.46 from last year’s $-2.58 per share. After $-1.10 actual EPS reported by Comstock Resources, Inc. for the previous quarter, Wall Street now forecasts 1.82% negative EPS growth.

Among 11 analysts covering Comstock Resources (NYSE:CRK), 2 have Buy rating, 3 Sell and 6 Hold. Therefore 18% are positive. Comstock Resources has $17 highest and $1 lowest target. $5.91’s average target is -12.83% below currents $6.78 stock price. Comstock Resources had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Comstock Resources, Inc. (NYSE:CRK) has “Hold” rating given on Monday, October 16 by KeyBanc Capital Markets. The rating was upgraded by Robert W. Baird on Friday, January 27 to “Outperform”. Stifel Nicolaus maintained Comstock Resources, Inc. (NYSE:CRK) rating on Monday, August 14. Stifel Nicolaus has “Buy” rating and $12 target. Howard Weil downgraded the shares of CRK in report on Monday, December 14 to “Sector Underperform” rating. Imperial Capital maintained Comstock Resources, Inc. (NYSE:CRK) rating on Friday, October 7. Imperial Capital has “In-Line” rating and $8.50 target. As per Friday, November 17, the company rating was maintained by Robert W. Baird. On Friday, March 24 the stock rating was initiated by Stifel Nicolaus with “Buy”. As per Wednesday, July 22, the company rating was downgraded by Credit Suisse. Robert W. Baird maintained Comstock Resources, Inc. (NYSE:CRK) rating on Thursday, August 31. Robert W. Baird has “Buy” rating and $12.0 target. The firm earned “Sector Perform” rating on Thursday, November 5 by RBC Capital Markets.

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